220
220
tv
eye 220
favorite 0
quote 0
. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for d
. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty...
128
128
Dec 8, 2012
12/12
by
MSNBCW
tv
eye 128
favorite 0
quote 0
is. >> i agree. >> and if we dive off the fiscal cliff, the economy could get much weaker. that's -- >> by the way -- >> -- millions of americans. it's a problem for barack obama. >> just to back you up, i really think the great thing is the economy is just starting to lift up. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we >> just to back you up, i really think the great thing is the economy is just starting to lift up. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we got tonight. >>> up next, if you can't win by the rules, change them. that's what republicans are trying to do in pennsylvania. they don't like the electoral college because it didn't work for them. come back for the place for politics. could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. o
is. >> i agree. >> and if we dive off the fiscal cliff, the economy could get much weaker. that's -- >> by the way -- >> -- millions of americans. it's a problem for barack obama. >> just to back you up, i really think the great thing is the economy is just starting to lift up. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we >> just to...
128
128
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 128
favorite 0
quote 0
is. >> i agree. >> and if we dive off the fiscal cliff, the economy could get much weaker. that's -- >> by the way -- >> -- millions of americans. it's a problem for barack obama. >> just to back you up, i really think the great thing is the economy is just starting to lift up a. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we got tonight. >>> up next, if you can't win by the rules, change then. that's what republicans are trying to do in pennsylvania. they don't like the lerer toal college because it didn't work for them. come back for the place for politics. derate alzheimer's, you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of e
is. >> i agree. >> and if we dive off the fiscal cliff, the economy could get much weaker. that's -- >> by the way -- >> -- millions of americans. it's a problem for barack obama. >> just to back you up, i really think the great thing is the economy is just starting to lift up a. the unemployment rate is really starting to come down. we're getting good job production. thank you so much, ladies, for coming on tonight. thanks for the sharp thinking we got tonight....
146
146
Dec 10, 2012
12/12
by
KCSM
tv
eye 146
favorite 0
quote 0
we want to keep that in mind as we head towards the fiscal cliff. only four in 10 americans expect the white house and congress to reach a deal on the cliff before the first of the year, and if this goes south, a 53% of the american people are prepared to blame republicans. the president's job approval rating is well over 50%. congress' approval rating is under 20%. why what a the president back down? >> the president isn't interested in a balanced agreement, not particularly interested in avoiding a fiscal cliff, and clearly not been tested at all in cutting and spending. >> the senate minority leader says that what the president is interested in is getting as much taxpayer money has he can so that he can spend to his heart's content. with his approval ratings going up and congress' numbers at historic lows and the unemployment rate dropping, why with the president back down? charles? >> to some extent he is under estimating the damage she will suffer if -- he suffer if we go over the cliff. it will hurt the republicans in congress, which is why de
we want to keep that in mind as we head towards the fiscal cliff. only four in 10 americans expect the white house and congress to reach a deal on the cliff before the first of the year, and if this goes south, a 53% of the american people are prepared to blame republicans. the president's job approval rating is well over 50%. congress' approval rating is under 20%. why what a the president back down? >> the president isn't interested in a balanced agreement, not particularly interested...
149
149
Dec 8, 2012
12/12
by
MSNBCW
tv
eye 149
favorite 0
quote 0
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> joining me now, white house correspondent for the hill and congressional correspondent ed o'keith. hi, guys, good to see you both. >> good morning. >> you heard john boehner. we'll start with you. meanwhile the white house say republicans are the ones to blame for dragging their feet. at least publicly, seems we're walking on a treadmill, getting nowhere. anything bigger churning behind the scenes? >> we certainly hope so. the fact two sides do toin to talk, even if we don't necessarily hear about every detail is encouraging. it does appear republicans are getting close to the idea of raising -- sorry, of cutting taxes for middle income americans and maybe sorting out higher incomes a little later. certainly things aren't necessarily going the republicans way. i think we've seen polling this week that suggests congressional republicans would be held to account if, in fact, the country does go over the cliff. but friday sort of signaled, as boehner said, the
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> joining me now, white house correspondent for the hill and congressional correspondent ed o'keith. hi, guys, good to see you both. >> good morning. >> you heard john boehner. we'll start with you. meanwhile the white house say republicans are the ones to blame for dragging their feet. at least publicly, seems we're walking on a treadmill, getting...
145
145
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 145
favorite 0
quote 0
they told me the idea is while the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our debt. that would, like, destroy the economy. that gives republicans a stronger hand or so they think. but really, think about that. here's how it would go. later this month, republicans would, by voting present, which everyone would think was a bit weird, permit the bush tax cuts to expire for income over $250,000. that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next yea
they told me the idea is while the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our debt. that would, like, destroy the economy. that gives republicans a stronger hand or so they think. but really, think about that. here's how it would go. later this month, republicans would, by voting present, which everyone would think was a bit weird, permit the bush tax cuts to expire for income over $250,000. that...
185
185
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 185
favorite 0
quote 0
let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase on the debt limit, like forever. four days ago we offered a serious proposal, based on testimony of president clinton's former chief of staff. since then, there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the cliff. instead of cutting spending, the president want to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has a spending problem, not a revenue problem. and if the president doesn't agree with our proposal, i believe he has an obligation to families and sma
let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase on the debt limit, like forever. four days ago we offered a serious proposal, based on testimony of president clinton's former...
127
127
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 127
favorite 0
quote 0
>> no one wants to go over the fiscal cliff. worse would be for the president to sign a bad bill. >> all right. alan krueger, chairman of the president's counscil on economi advisers. mr. krueger, nice to see you that month. i'll see you next month, i promise. >> thank you, chuck. >>> trivia time, jim demint's decision to step down 0 means south carolina will have two seats on the ballot in 2014. who was elected the last time both of south carolina's senate seats were on the ballot in the same election? strom thurmond, of course, and the longest serving junior senator perhaps in the history of america, fritz hollings. senator thurmond won re-election and hollings, the form earp governor at the time, won a special to fill a seat left empty when johnston died. we'll be right back. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's no
>> no one wants to go over the fiscal cliff. worse would be for the president to sign a bad bill. >> all right. alan krueger, chairman of the president's counscil on economi advisers. mr. krueger, nice to see you that month. i'll see you next month, i promise. >> thank you, chuck. >>> trivia time, jim demint's decision to step down 0 means south carolina will have two seats on the ballot in 2014. who was elected the last time both of south carolina's senate seats were...
150
150
Dec 7, 2012
12/12
by
CSPAN
tv
eye 150
favorite 0
quote 0
host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the negotiation table. it is tough to consider the full range of decisions. what we find time and time again is that the education and skills component of helping unemployed workers get back into the workforce is a big obstacle. we have 40 programs on the federal level to deal with that, but based on analysis out of rutgers university, is usually people that have been able to find their own education path and get their own skills and out of these government programs have been the most successful. that is a problematic dynamic. host: lisa is next from texas on the independent line. good
host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the...
316
316
Dec 7, 2012
12/12
by
FOXNEWSW
tv
eye 316
favorite 0
quote 0
right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen, washington has got a spending problem not a revenue problem. if the president doesn't agree with our proposal i believe that he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we are ready and eager to talk to the president about such a plan. >> you did speak with the president earlier this week, can you characterize that call? did he have any kind of counter offer? also, we understand that he is making clear that it's got to be increase in rates for the wealthy or no deal. are you willing to give a little bit maybe not all the way to 39.6? >> the phone call was pleasant, just more of the same. the conversations that the staff had yesterday, just
right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen, washington has got a spending problem not a revenue problem. if the president doesn't agree with our proposal i believe that he's got an obligation to families and small businesses to offer a plan of...
436
436
Dec 7, 2012
12/12
by
KPIX
tv
eye 436
favorite 0
quote 0
. >>> meanwhile back here at home, the fiscal cliff threatens to shake our economy. and this morning there's still no sign of a budget agreement. mandatory spending cuts and tax hikes will take effect in 25 days if there is no deal. president obama was in the holiday spirit last night as his family lit the national christmas tree. earlier he warned the budget crisis would dampen the holidays. >> we're in the midst of the christmas season. i think the american people are counting on this getting solved. the closer it gets to the brink, the more stressed they're going to be. >> the president repeated that if republicans refuse to raise tax rates on wealthy americans, there will be no deal. and speaking of spending money, this sunday morning on "face the nation," bob schieffer talks with the author of the bowles-simpson deficit-cutting plan, erskine bowles and alan simpson. >>> here's a million-dollar question. should passengers be allowed to use electronic devices during takeoff and landing? this morning the fcc says yes. it's written a letter urging the faa to allow t
. >>> meanwhile back here at home, the fiscal cliff threatens to shake our economy. and this morning there's still no sign of a budget agreement. mandatory spending cuts and tax hikes will take effect in 25 days if there is no deal. president obama was in the holiday spirit last night as his family lit the national christmas tree. earlier he warned the budget crisis would dampen the holidays. >> we're in the midst of the christmas season. i think the american people are counting...
231
231
Dec 7, 2012
12/12
by
CNBC
tv
eye 231
favorite 0
quote 0
i want to ask you about the fiscal cliff, the state of play. there's revenues on the table. there's tax rate increases on the table. i don't know if there's spending on the table. what's your thinking prigt now? >> that it's a really, really bad idea to raise taxes. if you want your economy to grow, you should do the opposite. we have to cut taxes. that's how i'd fix the economy. leave more money in the private sector. the president is adamant about raising taxes and he's dead wrong. >> there are some people saying we need a deal to avoid a huge tax increase but year end that would throw us into recession. just a thought, would you compromise in terms of let's say a smaller tax rate increase -- let's say the top rate goes to 37% instead of 40%, maybe the threshold goads es to $500,000 $750,000 rather than $250,000? does that interest you? >> no. but what about means testing for entitlement. why don't we say the rich get less social security and they pay more for their medicare? it meets the president's animus that we must get more money out of the rich. let's just send less
i want to ask you about the fiscal cliff, the state of play. there's revenues on the table. there's tax rate increases on the table. i don't know if there's spending on the table. what's your thinking prigt now? >> that it's a really, really bad idea to raise taxes. if you want your economy to grow, you should do the opposite. we have to cut taxes. that's how i'd fix the economy. leave more money in the private sector. the president is adamant about raising taxes and he's dead wrong....
228
228
Dec 8, 2012
12/12
by
MSNBCW
tv
eye 228
favorite 0
quote 0
. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle class families, then we're also go to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much higher could be the key to compromise. the top tax rate is set to rise from 35 to 39.6% on january 1st. when asked if a middle ground could be found, both boehner and bide enshowed wiggle room. >> the top brackets have to go up. this is not a negotiatiable issue. theoretically we could negotiate how far up. >> at a local restaurant, the owner has seen enough of washington gridlock. >> i wish those lawmakers would get their acts together and get it done and try to help everybody. it would be good if they could do it before the holidays are over. >> reporter: she said it, alex. now john boehner after that comment yesterday
. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle class families, then we're also go to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much...
176
176
tv
eye 176
favorite 0
quote 0
the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and already has done severe damage to the economy. now we have democrats who want to suck money out of the economy in tax and we have rhino republicans in name only who wants spending cuts. both those things will do damag% to the economy and any compromise will damage the economy and push it further into deep recession. neither side discusses the real problem which is the enormous costs of big government. cost in money and regulations and intrusion. neither side discusses that because they are career politicians and big government is their career. dennis: what should republicans do? should they cave and let tax rates go up on the rich or hold out and let the company -- the country go over the cliff? >> they hold out and let the country go over the cliff and aasolutely insure this lending limit, borrowing limit is enforced. to force government to shrink itself. this is the only way they will do that in my opinion, to have strict term limits for politicians in the future, single term l
the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and already has done severe damage to the economy. now we have democrats who want to suck money out of the economy in tax and we have rhino republicans in name only who wants spending cuts. both those things will do damag% to the economy and any compromise will damage the economy and push it further into deep recession. neither side discusses the real problem which is the enormous costs of...
120
120
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 120
favorite 0
quote 0
. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future of the company's products. e.j. dionne on the political impact of that later. we'll be right back. oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenie
. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future of the company's products. e.j. dionne on the political impact of that later. we'll be right back. oh, cloudy glasses. you didn't have to come over! actually, honey, i think i...
170
170
Dec 13, 2012
12/12
by
KCSM
tv
eye 170
favorite 0
quote 1
after the policy board meeting the fed chairman expressed strong concern about the fiscal cliff. he urged the obama administration and congress to resolve the problem as soon as possible. >> clearly this is a major risk factor and a major source of uncertainty about the economy going forward. we would try to do what we would. we would increase a bit but i want to be clear that we cannot offset the full impact of the fiscal cliff. it's too big given the tools we have available and the limitations on our policy tool kit at this point. >> let's get a check on the markets now. following the feds decision to take monetary easing steps, the dollar is higher against the yen. that is trading at 83.39 to 40. this is the highest level in eight months. participants are buying dollars due to receding worries after the fed's action. they are hoping the bank of japan will take action at its upcoming policy meeting next week. euro yen quoted at 108.22 to 99. japan's nikkei average went above 9700 at one point. a weaker yen and the u.s. fed's policy decision that's what's lifting a wide range of
after the policy board meeting the fed chairman expressed strong concern about the fiscal cliff. he urged the obama administration and congress to resolve the problem as soon as possible. >> clearly this is a major risk factor and a major source of uncertainty about the economy going forward. we would try to do what we would. we would increase a bit but i want to be clear that we cannot offset the full impact of the fiscal cliff. it's too big given the tools we have available and the...
186
186
Dec 6, 2012
12/12
by
KRCB
tv
eye 186
favorite 0
quote 1
traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's companiespy is 1949. let's take a look at australia. the benchmark index is lower by about.25%, 4508. let's see where china takes us when they open the next hour. >>> european commission regulators have imposed a fine worth almost $2 billion for running two price-fixing cars sells. they say it's the highest-ever anti-trust penalty in their history. the commission leaders said they fined six companies a total of $1.47 billion euros for anti-competitive behavior. the firms are panasonic and toshiba, samsung sdi and lg electronics, phillips and technicolor. they say the officials of those companies me
traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's...
145
145
Dec 7, 2012
12/12
by
WJLA
tv
eye 145
favorite 0
quote 1
. >> 45 days -- 25 days from the fiscal cliff. >> the fiscal cliff is still three weeks away, but the economy may have already taken a hit. economists predict that the monthly jobs report will show that employers added more than -- less than 100,000 jobs in november. superstorm sandy may be part of the reason, but worry over the fiscal cliff may have also had an impact. economists predict that perhaps 200,000 jobs that you're -- 200,000 fewer jobs were created this year because of worries over the pasqual. republicans and democrats are talking again, but still no breakthrough. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling be part of a deal. >> he shows what he is really after is assuming unprecedented power to spend taxpayer dollars. >> republicans who said they are open to raising tax revenue said they will only do so in exchange for deep spending cuts. if no deal happens one casualty would be long-term unemployment help. >> christmas would be off the table. >> aides to speaker boehner and president obama met yesterda
. >> 45 days -- 25 days from the fiscal cliff. >> the fiscal cliff is still three weeks away, but the economy may have already taken a hit. economists predict that the monthly jobs report will show that employers added more than -- less than 100,000 jobs in november. superstorm sandy may be part of the reason, but worry over the fiscal cliff may have also had an impact. economists predict that perhaps 200,000 jobs that you're -- 200,000 fewer jobs were created this year because of...
88
88
tv
eye 88
favorite 0
quote 0
. >>> starbucks ceo says going over the fiscal cliff is a bitter brew for the global economy. ali is back with more on that. >>> plus, time to buy apple stock? that's next. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] can't find theraflu? try alka-seltzer plus for fast, liquid, cold, and flu relief. ♪ >>> democrats need to own up to taxes because they can't have their cake and eat it, too. from the cnn money newsroom, i'm ali velshi. this is "your money." i'm going to tell you what others won't about the fiscal cliff. the head of starbucks said it will damage the u.s.'s reputation and shenanigans from capitol hill and with a cool 500 bucks to spend, should you use them
. >>> starbucks ceo says going over the fiscal cliff is a bitter brew for the global economy. ali is back with more on that. >>> plus, time to buy apple stock? that's next. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank...
1,737
1.7K
Dec 8, 2012
12/12
by
CNNW
tv
eye 1,737
favorite 0
quote 1
one of the things that's so disappointing is this fiscal cliff didn't come out of nowhere. we've known it was coming. it was rolling our direction. but one of the things frustrating americans is it seemed like the cliff was being ignored or just put on hold while the campaign was going on and it was the day after the election. we saw the dow drop 300 points and suddenly everyone woke up and said we've got to face this cliff. the question is can they really address these issues in the next 24 days with the president heading for vacation, congress about to go home. doesn't feel good. >> no. and in terms of we're waiting to find out if we're going to go over the cliff, but we're already seeing the effects of it, aren't we? we have a lot of americans without jobs, and just the fear of going over the cliff is even affecting that, right? because it's affecting hiring. >> without a doubt. you wonder, is it affecting big business or small business. corporate ceos are simply sitting on their hands. you're seeing u.s. corporations with more money on their balance sheet than they've h
one of the things that's so disappointing is this fiscal cliff didn't come out of nowhere. we've known it was coming. it was rolling our direction. but one of the things frustrating americans is it seemed like the cliff was being ignored or just put on hold while the campaign was going on and it was the day after the election. we saw the dow drop 300 points and suddenly everyone woke up and said we've got to face this cliff. the question is can they really address these issues in the next 24...
171
171
Dec 7, 2012
12/12
by
CURRENT
tv
eye 171
favorite 0
quote 0
it's one of the reasons why the fiscal cliff could be as bad for the economy. if state and local governments are continue to cut back or not spend, still hoarding catchsh and consumers aren't spending ex is for a new iphone the one positive input to the gdp right now, maybe not in six months but right now, the one positive input is the fed recall government. if the federal government through the fiscal cliff is going to withdraw $600,000,000,000, which is what the live would do, it will throw us back into a recession. >> that's just what we don't need now. >> bill: i was going to ask you and i think you are getting to it already is what now does president -- two things: what does president obama say he will have an opportunity somewhere today, what does he say about these numbers? two, can he use these numbers to bolster his case for a deal on the fiscal cliff? >> the answer first of all, f they were to dahl me i would say don't take a victory lap because it's 7.7% unemployment. if you are under employed or you have stopped looking or don't have a job at all, y
it's one of the reasons why the fiscal cliff could be as bad for the economy. if state and local governments are continue to cut back or not spend, still hoarding catchsh and consumers aren't spending ex is for a new iphone the one positive input to the gdp right now, maybe not in six months but right now, the one positive input is the fed recall government. if the federal government through the fiscal cliff is going to withdraw $600,000,000,000, which is what the live would do, it will throw...
226
226
Dec 13, 2012
12/12
by
KRCB
tv
eye 226
favorite 0
quote 0
we would increase a bit but i want to be clear that we cannot offset the full impact of the fiscal cliff. it's too big given the tools we have available and the limitations on our policy tool kit a this point. >> let's get a check on the markets now. following the feds decision to take monetary easing steps, the dollar is higher against the yen. that is trading at 83.39 to 40. this is the highest level in eight months. participants are buying dollars due to receding worries after the fed's action. they are hoping the bank of japan will take action at its upcoming policy meeting next week. euro yen quoted at 108.22 to 99. japan's nikkei average went above 9700 at one point. a weaker yen and the u.s. fed's policy decision that's what's lifting a wide range of issues here in tokyo. let's take a look at other asian markets open now. we are seeing seoul's kospi up and over in australia the benchmark is trading unchanged at 4,583. we'll see where trading takes us throughout the rest of the day. greece is buying back bonds. it exceeds the 30 billion euro target. greece had been seeking investor
we would increase a bit but i want to be clear that we cannot offset the full impact of the fiscal cliff. it's too big given the tools we have available and the limitations on our policy tool kit a this point. >> let's get a check on the markets now. following the feds decision to take monetary easing steps, the dollar is higher against the yen. that is trading at 83.39 to 40. this is the highest level in eight months. participants are buying dollars due to receding worries after the...
154
154
Dec 7, 2012
12/12
by
CURRENT
tv
eye 154
favorite 0
quote 0
the president talking about the fiscal cliff, et cetera. >> obama: for them to be burdened unnecessarily gives you a sense of the costs involved in very personal terms, obviously with would also have an impact on the economy, because if this family has a couple of thousand dollars less to spend that translates into $200 million of less consumer spending next year. >> stephanie: oh this just in -- [♪ "world news tonight" theme ♪] >> stephanie: nancy pelosi is going to brief us on the fiscal cliff talk at 12:00 eastern. >> it's joke! >> you can't take anything boehner says seriously at all. it's so win-win for the democrats on this. and i would like to see the president go off the cliff and let the republicans try to vote it down. >> stephanie: we posted a great article -- it was the best thing i have read about the l.a. times, where he said let's hold hands and walk down together. it's not that bad. all of the nobel prize winning economists asking george bush not to enact these policies in the first place. >> exactly right. this was used because bill clinton has a surplus. bush said l
the president talking about the fiscal cliff, et cetera. >> obama: for them to be burdened unnecessarily gives you a sense of the costs involved in very personal terms, obviously with would also have an impact on the economy, because if this family has a couple of thousand dollars less to spend that translates into $200 million of less consumer spending next year. >> stephanie: oh this just in -- [♪ "world news tonight" theme ♪] >> stephanie: nancy pelosi is...
167
167
Dec 6, 2012
12/12
by
CNBC
tv
eye 167
favorite 0
quote 0
cliff, carl. >> times a-wastin. with the deadline inching closer what needs to be done to reach an agreement? judd gregg is a former republican senator, governor of new hampshire and co-chair of the campaign to fix the debt as well as a cnbc contributor. i'm glad to say he's at post nine. good to have you back. >> great to be here, carl. >> is the conventional wisdom that the president has won this round correct and is that good if your goal is to get to a deal in the end? >> i think the president clearly has the microphone and he has the election behind him as the winner so he obviously has more cards i believe than the republicans have, but i think speaker boehner has acted very responsibly here, come forward with a very aggressive proposal. he said he's willing to raise revenues so he's moved that needle very considerably. and to me all that needs to be done to get this deal done is for the two of them to get in a room and ask the staff to go to lunch and they work it out, because the parameters of an agreement a
cliff, carl. >> times a-wastin. with the deadline inching closer what needs to be done to reach an agreement? judd gregg is a former republican senator, governor of new hampshire and co-chair of the campaign to fix the debt as well as a cnbc contributor. i'm glad to say he's at post nine. good to have you back. >> great to be here, carl. >> is the conventional wisdom that the president has won this round correct and is that good if your goal is to get to a deal in the end?...
160
160
Dec 8, 2012
12/12
by
MSNBCW
tv
eye 160
favorite 0
quote 0
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house is has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much higher could be the key. the top tax rate is set to rise from 35% to 39.6% on january 1st. when asked if a middle ground could be found, both boehner and biden showed some wiggle room. >> the top brackets have to go up. it's not a negotiable issue. theoretically we can negotiate how far up. >> reporter: at another local restaurant, the owner has seen enough of washington gridlock. >> i wish those lawmakers would get their [ bleep ] together and get it done and try to help everybody. it would be good if they could do it before the holidays are over. >> reporter: craig, as someone who spent some time in river city here in
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house is has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much higher...
253
253
Dec 13, 2012
12/12
by
CNBC
tv
eye 253
favorite 0
quote 0
economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, we want to get the latest news. looking for confidence out of germ
economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show,...
220
220
Dec 5, 2012
12/12
by
CURRENT
tv
eye 220
favorite 0
quote 0
[farting sounds] >> if the president really wants to avoid sending the economy over the fiscal cliff he's done nothing to demonstrate it. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues it's magic beans and fairy dust. [farting sounds] >> stephanie: all right. >> fairy dust goes very well with bourbon. >> stephanie: republicans were quick to say that boehner's plan was attracting criticism from the right particularly from jim demint of south carolina, tea party leader and as such, represented more of a compromise than obama's stance. uh no! nice try. demint said boehner's plan will destroy american jobs and allow politicians in washington to spend more. oh, please we're not falling for this. they think if they criticize the plan, oh, well it must be a good compromise then. nice try! 29 minutes after the hour. spongebob squarepants tom kenny, our buddy our pal next on "the stephanie miller show." you know who's coming on to me now? you know the kind of guys who do like verse mortgage commercials? those types are com
[farting sounds] >> if the president really wants to avoid sending the economy over the fiscal cliff he's done nothing to demonstrate it. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues it's magic beans and fairy dust. [farting sounds] >> stephanie: all right. >> fairy dust goes very well with bourbon. >> stephanie: republicans were quick to say that boehner's plan was attracting criticism from...
488
488
Dec 11, 2012
12/12
by
CNNW
tv
eye 488
favorite 0
quote 0
the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> nobody should trust democrats to put a dime until real deficit reductions. >> reporter: to better understand the gop positioning, remember what any reduction deficit looks like drawn from two different pots of money. first, tax revenue. second, spending cuts likely to center on changes to entitlements like medicare. on revenues, republicans already conceded to tax increases for the wealthy. the big sticking point is what kind and how much. since that is angering many on the right who oppose any tax increases, republicans want democrats to take the heat for entitlement cuts by proposing them first so republicans don't face the wrath of seniors, too. remember this 2011 ad depicting paul ryan throwing granny off the cliff? the white house says it's republicans who haven't offered specifics and the president has. >> very specific spending cuts, including savings in entitlement programs. again, i -- it's not a mystery. we've seen this before. this is the document. >> reporter: that docu
the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> nobody should trust democrats to put a dime until real deficit reductions. >> reporter: to better understand the gop positioning, remember what any reduction deficit looks like drawn from two different pots of money. first, tax revenue. second, spending cuts likely to center on changes to entitlements like medicare. on revenues, republicans already conceded to tax increases for...
212
212
Dec 7, 2012
12/12
by
KTVU
tv
eye 212
favorite 0
quote 1
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week -- another week. >> reporter: there are reports this morning that fiscal cliff negotiations are really between president obama and speaker boehner right now. the speaker said he spoke on the phone with the president yesterday and it was a pleasant conversation. but more of the same. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:15. bay area sheriffs may be changing how they deal with suspected illegal immigrants. state attorney general kamala harris recently told the sheriffs they don't have to hold illegal immigrants want to deport them. she said those with serious criminal record -- records should be detained and deported and local departments have to decide how to handle others. >>> police made several arrests at the building where hundreds chose to report >>> the so of netflix may be in trouble for something he put on facebook. back in july, he wrote on his page that netflix employees are enjoying a billion hours of movies a
when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week -- another week. >> reporter: there are reports this morning that fiscal cliff negotiations are really between president obama and speaker boehner right now. the speaker said he spoke on the phone with the president yesterday and it was a pleasant conversation. but more of the same. reporting live from washington, d.c., alison burns, ktvu channel 2 news....
260
260
tv
eye 260
favorite 0
quote 1
the jobs report comes on the heels of the ongoing fiscal cliff debate. economists estimate 200,000 fewer jobs have been created this year due to uncertainty over the fiscal cliff. aides to president obama and speaker boehner met yesterday afternoon, but that meeting ended with no signs of progress. stay with abc7 morning news, 6:30 the opening bell live from the new york stock exchange. 6:45 live to jane king for an update. >>> in a few hours pearl harbor survivors as well as military and coast guard veterans will place a wreath in alameda to mark the 71st anniversary of the japanese attack on the pearl harbor base in hawaii. it will be followed by a 20 within gun salute. more than 2400 americans died when the japanese bombed pearl harbor in a surprise attack december 7th, 1941. the attack helped usher the u.s. into world war ii. 3:45 in afternoon sons and daughters of survivors will attend the 48th annual beacon lighting in honor of pearl harbor day. >>> the iphone is likely coming to t-mobile in the new year, the company says it will add apple products
the jobs report comes on the heels of the ongoing fiscal cliff debate. economists estimate 200,000 fewer jobs have been created this year due to uncertainty over the fiscal cliff. aides to president obama and speaker boehner met yesterday afternoon, but that meeting ended with no signs of progress. stay with abc7 morning news, 6:30 the opening bell live from the new york stock exchange. 6:45 live to jane king for an update. >>> in a few hours pearl harbor survivors as well as military...
260
260
Dec 7, 2012
12/12
by
CNNW
tv
eye 260
favorite 0
quote 0
. >> let's talk more about the fiscal cliff. how do you think this could factor into discussion? >> yeah. i think that this roar today helps, i think the administration's case for the fact that we immediate to -- administration needs to -- democrats need to extend the tax cuts, bush tax cuts, forethose up to $250,000, probably immediate to extend the payroll tax cut. these are major forms of stimulus that middle income households and receive the dollars don't save it. they spend it. i think it also provides a little wind to the sail of the administration that we need to extend the unemployment insurance benefits that have -- we have been providing to families. which are another important stimulus for families here in the u.s. >> you answer made question about the work force because about a half million people left the work for according to bls and talked about why you believe that factored into it. what do you think is missing from the report, though? >> what's missing, i think of -- you know, we focus so much on the employment
. >> let's talk more about the fiscal cliff. how do you think this could factor into discussion? >> yeah. i think that this roar today helps, i think the administration's case for the fact that we immediate to -- administration needs to -- democrats need to extend the tax cuts, bush tax cuts, forethose up to $250,000, probably immediate to extend the payroll tax cut. these are major forms of stimulus that middle income households and receive the dollars don't save it. they spend it....
102
102
Dec 11, 2012
12/12
by
CSPAN
tv
eye 102
favorite 0
quote 0
next, president obama talked to union workers in michigan about the economy in the fiscal cliff. after that, a panel on innovation and the economy. later a conversation about have the fiscal deadline could affect the defense budget. >> on tomorrow morning's "washington journal," we continue our look at the so- called fiscal clef and what happens if the budget cuts take place in january. jim doyle the effect on businesses. after that, charles clark looks at domestic program cuts. in more about the issue with the brookings institution. bless your e-mail, phone calls, and tweets. that is live tuesday at 7:00 a.m. eastern on c-span. >> next, president obama talking about the economy and the need to reach an agreement with congress on the january fiscal deadline. he spoke at a diesel plant outside of detroit. his remarks are about 25 minutes. >> hello, redford! [applause] it is good to be back in michigan. [applause] how is everybody doing today? [applause] now, let me just start off by saying we have something in common -- both our teams lost yesterday. [laughter] i mean, i would lik
next, president obama talked to union workers in michigan about the economy in the fiscal cliff. after that, a panel on innovation and the economy. later a conversation about have the fiscal deadline could affect the defense budget. >> on tomorrow morning's "washington journal," we continue our look at the so- called fiscal clef and what happens if the budget cuts take place in january. jim doyle the effect on businesses. after that, charles clark looks at domestic program cuts....
323
323
Dec 6, 2012
12/12
by
CNBC
tv
eye 323
favorite 0
quote 1
if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. >> with both sides in washington publicly digging in their heels, how much will the fiscal cliff impact the credit markets? ben garber joins us for more. ben, good morning. clearly we're focused on the down side risk from the budget standoff and then there's beyond that. let's talk about the short term at the moment. what impact is that having? >> i think people have to be defensive in the short term. there will be a lot of rancor on both sides. so within the next month or so, as the fiscal cliff debate developments, there is limited up side for interest rates and it's hard to see stocks moving much higher. >> so let's suppose we get an agreement. that should increase confidence. does that mean the economy performs better next year than we expect and then what's the feed through from that? >> yeah, i think while we're now focused
if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. >> with both sides in washington publicly digging in their heels, how much will the fiscal cliff impact the credit markets? ben garber joins us for more. ben, good morning. clearly we're focused on the down side risk from the budget...
175
175
Dec 7, 2012
12/12
by
CNBC
tv
eye 175
favorite 0
quote 0
are a bit -- >> what assumptions are you making in this about the fiscal cliff and about further risks from eurozone financial crisis? go . >> we know the markets are driven on a minute by minute basis, but if we just step back from that, the chances that in two to three months from now, obviously we could briefly go over in january, i think that's unlikely, the chance that we'll really have the u.s. economy squeeze by 4%, 5% of gdp, i think it's incredibly unlikely. >> what are you assuming about the ongoing eurozone -- >> the eurozone, if we go through a series of ticks, we have had a lot of progress this year. you have to be clear about that. and not just with all the various government actions. look at wages in greece and now spain. wages in greece are down more than 25%. very painful, but we've heard about the pain already. what we haven't heard so much about is the competitiveness. >> enor husband costs with incredibly high unemployment rates. >> that i'm afraid is what's going on and that's extremely unpleasant. what i'm saying in terms of market action is we know about that, we
are a bit -- >> what assumptions are you making in this about the fiscal cliff and about further risks from eurozone financial crisis? go . >> we know the markets are driven on a minute by minute basis, but if we just step back from that, the chances that in two to three months from now, obviously we could briefly go over in january, i think that's unlikely, the chance that we'll really have the u.s. economy squeeze by 4%, 5% of gdp, i think it's incredibly unlikely. >> what...
198
198
Dec 7, 2012
12/12
by
CNNW
tv
eye 198
favorite 0
quote 0
you have to believe that part of that is due to the uncertainty of the fiscal cliff. and we've seen a number of companies coming out saying we're not firing but we're delaying hiring and delaying investment projects. delays in an already weak economy, you don't want hesitation. it's a vicious cycle of hesitation and slow growth. kind of an opposite of what we saw in the '90s where you had certainty and caution thrown to the wind in robust growth. >> christine has one ear piece in, talking with us with the other ear. >> hurricane sandy, they say, did not affect the overall rate. they did not see that the overall rate was affected by hurricane sandy. the labor force declined a bid of 300,000 or so. retail trade was strong. construction was a little weaker. unchanged for the workweek, 43.4 hours. you still have long-time unemployed, an interesting number. that's been just stuck. >> yeah. >> that's 40% of the people unemployed that have been out of work for six months or longer. >> we're not -- you know, we can't make sense of what this means in the grand scheme of things
you have to believe that part of that is due to the uncertainty of the fiscal cliff. and we've seen a number of companies coming out saying we're not firing but we're delaying hiring and delaying investment projects. delays in an already weak economy, you don't want hesitation. it's a vicious cycle of hesitation and slow growth. kind of an opposite of what we saw in the '90s where you had certainty and caution thrown to the wind in robust growth. >> christine has one ear piece in, talking...
435
435
tv
eye 435
favorite 0
quote 0
superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements. >>> and in yet another bizarre twist in the bizarre saga of software tycoon john mcafee. mcafee was rushed to the hospital thursday from a detention center in guatemala city, after complaining of chest pains. he's now back in his cell and could be send back to belize, where police want to question him about the murder of his neighbor. >>> now, here's diane sawyer with a preview of tonight's "world news." diane? >> so, josh, it's friday. it's great to talk to you. and how about a holiday tradition for years? everybody wondering, what happened to the determined little boy they loved? well, he's all grown up. and he has a perfect gift for you. tonight, behind the scenes of a christmas classic. and he is our "person of the week" tonight. >
superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements. >>> and in yet another bizarre twist in the bizarre saga of software tycoon john mcafee. mcafee was rushed to the...
301
301
Dec 8, 2012
12/12
by
KCSMMHZ
tv
eye 301
favorite 0
quote 0
the economy was performing reasonably well in the months leading up to the potential fiscal cliff. we saw that in the job numbers for november. we've also seen it in the gdp numbers for the third quarter which rose 2.7% annualized. that doesn't ensure us against a downturn if the fiscal cliff does occur. >>> parliamentary endorsement of the plan will likely pave the way for eindia to push ahead wih more economic reforms. the house vote, lawmakers of a party outside the government helped the governor coalition win 123-109 victory over motion from opposition parties to block retail reform. the lower house rejected opposition to liberalization two days earlier. when the indian government announced the plan in september, it faced strong opposition out of fear that it will make it difficult for smaller retailers to continue in business. one of the government coalition parties left in protest. india is experiencing an economic slowdown this year. its economic growth has been at the 5% level for 3 straight quarters. prime minister sinh intends to reinvigorate the indian economy by easing
the economy was performing reasonably well in the months leading up to the potential fiscal cliff. we saw that in the job numbers for november. we've also seen it in the gdp numbers for the third quarter which rose 2.7% annualized. that doesn't ensure us against a downturn if the fiscal cliff does occur. >>> parliamentary endorsement of the plan will likely pave the way for eindia to push ahead wih more economic reforms. the house vote, lawmakers of a party outside the government...